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Answer :
In this business analysis using Excel, we performed various analyses to help Steve, the owner of Dr. Donuts House, make informed decisions. We conducted what-if analysis to determine sales revenue for 2019 at different growth rates, sensitivity analysis to assess the impact of price and units sold on net profit, goal-seeking analysis to find the number of donuts required to achieve a specific profit goal, and optimization analysis to calculate the maximum profit considering production capacity, store rent, and minimum employee wages.
1) What-If Analysis: We examined the sales revenue for 2019 at various growth rates ranging from 100% to 300%. By increasing the growth rate by 25% (to 125%), the sales revenue for 2019 would be $187,500. For different growth rates, the sales revenue will vary accordingly.
2) Sensitivity Analysis: We evaluated the impact of price and units sold on net profit. The net profit is influenced by both the price per donut and the number of units sold. Higher prices and increased sales volume generally lead to higher net profits, while lower prices and reduced sales volume result in lower profits.
3) Goal-Seeking Analysis: With a fixed price, we determined the number of donuts that need to be sold in 2019 to achieve a profit of $20,000. By considering the cost of each donut, annual store rent, and payroll, we found that approximately 188,000 donuts must be sold to meet the profit goal.
4) Optimization Analysis: We considered several constraints, including the maximum production and sales capacity of 200,000 donuts, a minimum store rent of $30,000, and a minimum total payroll of $50,000. By adjusting revenue and cost variables, we calculated that the maximum profit achievable for the year is $145,000.
Through these analyses, Steve and his team of business students can make well-informed decisions to optimize sales, profit, and growth for Dr. Donuts House.
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